Paid Circulation Refers to

question 59

Multiple Choice

Paid circulation refers to

• A) subscription sales only
• B) trade subscriptions
• C) subscriptions and newsstand sales
• D) free distribution
• E) newsstand sales only

---

Definitions:

Currency

A system of money in general use in a particular country or region, serving as a medium of exchange, unit of account, and store of value.

Arbitrageur

Someone who takes advantage of tiny differences in the exchange rate across markets by simultaneously purchasing a currency in one market and selling it in another market.

Foreign Exchange

Trading one currency for another or transforming one currency into a different currency.

Exchange Rate

The value of one currency for the purpose of conversion to another, indicating how much one country's currency is worth in terms of another's.